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The pharmaceutical industry will be shaped by several emerging trends in 2021. The industry will need to adapt quickly post-COVID-19 by overcoming the spread of online misinformation and preparing for a new way of working, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry 2021’, identified several […]
Nearly one-third of phase III clinical trials for cervical cancer are expected to conclude in 2021, says GlobalData
This year is expected to provide significant insights into the future of cervical cancer treatment since out of the 107 ongoing clinical trials worldwide for cervical cancer, 30% are estimated to be completed by the end of the year, says GlobalData, a leading data and analytics company. Miguel Ferreira, MSc, Oncology and Hematology Analyst at GlobalData, comments: “Cervical cancer is the eighth most common cancer worldwide and one of the most treatable and preventable types of cancer, given that up to 99% of cases are linked to infection with the high-risk variants of the sexually-transmitted human papillomavirus (HPV). For Cervical Cancer Awareness […]
Forxiga’s priority review and breakthrough designation highlight potential to differentiate in CKD space, says GlobalData
Forxiga’s (dapagliflozin) latest priority review by the FDA for chronic kidney disease (CKD) further signifies the drug’s major advantages over existing treatments and will provide enhanced support for its development in targeting reduced glomerular filtration rate (GFR) and all-cause death. If approved, Forxiga will likely be used as a novel standard of care (SoC) option […]
Phase II trial of anti-amyloid AR1001 signals little promise for patients with Alzheimer’s disease, says GlobalData
Following the news that AriBio announced the completion of a Phase II clinical trial of AR1001; Sarah Elsayed, MBA, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Given the complexity in developing disease-modifying treatments (DMTs) in the Alzheimer’s Disease (AD) market, coupled with the high rate of late-stage clinical trial […]
Artificial intelligence will be most disruptive technology across pharmaceutical industry in 2021 and beyond
Artificial intelligence (AI) will transform the pharmaceutical industry in the coming years by delivering productivity improvements and efficiencies across the entire pharma value chain, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry 2021’, reveals that AI is expected to be the emerging technology that will have […]
Myovant/Pfizer Collaboration to boost Relugolix potential in female health space, intensify competition among rivals, says GlobalData
Myovant Sciences’ deal with Pfizer to co-develop and commercialize oral GnRH antagonist relugolix in oncology and women’s health in the US and Canada will substantially boost the relugolix franchise and intensify competition in the female health space, according to GlobalData, a leading data and analytics company. Kelly Lambrinos, Managing Analyst at GlobalData comments: “Key players AbbVie, Myovant and […]
Preliminary results from Aldeyra’s Phase III Tranquility trial offer promise for patients with dry eye syndrome
Aldeyra Therapeutics recently announced top-line results from the run-in cohort of the Phase III trial evaluating its product 0.25% reproxalap for patients with dry eye syndrome (DES). The positive impact of the therapy on endpoints, such as ocular dryness, discomfort and Schirmer’s test, although preliminary, signals an important advancement for DES patients compared to currently […]
Israel to be first country in the world to control COVID-19 pandemic through vaccination
Israel is currently on track to be the first country in the world to inoculate its entire population. This could provide a gold standard for other countries if Israel begins to see no new resurgence in COVID-19 cases in the coming months, says GlobalData, a leading data and analytics company. Katie Wrenn, an epidemiologist at GlobalData, comments: “Israel’s […]
REMD-477 top line results highlight the benefits of adjunct therapies in Type 1 Diabetes
REMD Biotherapeutics recently announced the top-line results of its Phase II study of volagidemab, which aimed to determine whether volagidemab could decrease daily insulin requirements and improve glycemic control in Type 1 Diabetes (T1D patients). These results show the promise of adjunct therapeutics, as their potential impacts on lowering blood glucose levels, reducing patient insulin […]
Focus on price negotiation mechanism with deep price cuts drive inclusion of drugs in China’s NRDL, says GlobalData
China updated its National Reimbursement Drug List (NRDL) in December 2020 to include 119 new medicines, with an average price cut of 50.64% agreed by pharma companies. The price negotiation mechanism with steep price cuts drives the inclusion of drugs in NRDL, says GlobalData, a leading data and analytics company. The 2020 NRDL update is […]
Novartis to gain firm foothold in South Korea with triple combination asthma therapy, says GlobalData
South Korea has become the third country in the Asia-Pacific region after Japan and Australia to approve the first ever triple combination therapy from Novartis for maintenance in patients with persistent asthma. This is likely to help the company gain a strong foothold in the South Korean asthma market, says GlobalData, a leading data and […]
Remote patient monitoring will continue to transform healthcare delivery and clinical trials in 2021
Ongoing COVID-19 lockdowns and requirements of social distancing have swiftly pushed healthcare provision and patient monitoring towards remote options. Even though remote patient monitoring (RPM) was already being used before the start of the pandemic, the uptake of the technology was relatively low, primarily used to ensure better post-acute care and management of chronic conditions, such as diabetes. However, […]
South Africa’s COVID-19 variant should be high on the agenda for governments
Governments need to place more focus on South Africa’s COVID-19 variant, 501.V2, as it is now considered more infectious than the UK variant based on its dominance compared with other strains of SARS-CoV-2, says GlobalData, a leading data and analytics company. Bishal Bhandari, Senior Epidemiologist at GlobalData, comments: “This new strain is independent of the […]
Late-stage growth hormone deficiency pipeline addresses unmet needs for patient convenience and treatment compliance
The Food and Drug Administration (FDA) recently accepted Pfizer and OPKO Biologics Biologics License Application (BLA) for somatrogon for the treatment of pediatric growth hormone deficiency (GHD). Somatrogon belongs to a new class of long-acting growth hormones (GH) that are projected to steal substantial market share from the current leading GHD therapeutics, says GlobalData, a […]
The UK COVID-19 trend could be slow to turn despite interventions such as national lockdowns and vaccination, says GlobalData
The UK January lockdown measures should decrease the number of COVID-19 cases in the following weeks, with the possibility of falling as low as approximately 11,000 cases by January 24, 2021, says GlobalData, a leading data and analytics company. Nneoma Okeke at GlobalData comments: “This forecast is based on historical patterns of recovery that were […]
Global rheumatoid arthritis market set to reach $29.1bn by 2029
The rheumatoid arthritis (RA) market is expected to grow from $26.2bn in 2019 to $29.1bn in 2029 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 1.0%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Rheumatoid Arthritis: Global Drug Forecast and Market Analysis to 2029’, reveals that although the […]
Immuno-oncology is expected to continue as one of the most impactful trends in the biopharmaceutical industry in 2021, says GlobalData
The immuno-oncology (IO) therapeutic area is increasingly becoming recognized as the fifth pillar of cancer treatment alongside surgery, radiotherapy, chemotherapy and other targeted treatments due to rapid and successful development of the field in recent years. The company’s latest report, ‘The State of the Biopharmaceutical Industry – 2021’, reveals that IO drug development along with personalized […]
Covishield to dominate overall COVID-19 vaccination drive in India, says GlobalData
Serum Institute of India’s (SII) Covishield and Bharat Biotech’s Covaxin have recently received emergency use authorization (EUA) in India. However, despite indigenous vaccine Covaxin’s approval, Covishield will continue to dominate the overall vaccination drive in India irrespective of other vaccine options in the near future, says GlobalData, a leading data analytics and research company. According […]
Japan aims for comprehensive COVID-19 vaccination with strong focus on pre-orders and distribution, says GlobalData
Japan is aggressively making efforts to vaccinate its population for COVID-19 with a strong focus on signing pre-orders. The country has signed multiple deals with AstraZeneca, Pfizer, Moderna and Novavax to procure sufficient COVID-19 vaccine doses with pre-orders exceeding four times of its actual population, says GlobalData, a leading data and analytics company. In October […]
Biogen increases its chances to maintain dominance in SMA market with Spinraza
Biogen recently announced the first SMA (spinal muscular atrophy) patient treated in a study Phase IV RESPOND that will evaluate the efficacy and safety of Spinraza (nusinersen) in patients with a suboptimal clinical response to Novartis’ Zolgensma (onasemnogene abeparvovec). Spinraza is expected to continue maintaining a strong position in the SMA market primarily due to […]